Property description
A double fronted town centre lock-up retail premises. Ideal for a variety of trades circa 396 sq ft in total including kitchenette and W.C.
LOCATION
The premises are located in a parade of shops in the centre of town linking Joy Street and the Pannier Market, to the rear of Banbury's High Street store making this a busy pedestrian thoroughfare, therefore ideal for passing trade. Operators within the parade include catering, hairdressers, nail bars, charity shops etc.
Barnstaple is North Devon's main commercial centre having a population in excess of 35,000 inhabitants, boosted throughout the year with the influx of tourists and serving a rural hinterland with a population in excess of 130,000 inhabitants. There are excellent road and rail links via the North Devon Link Road (A361) to Junction 27 of the M5 Motorway and via the Tarka Line to Exeter and the main railway network.
THE PREMISES
The property comprises of a ground floor lock up shop offering some 396 sq ft of space. It is ideally placed to take full advantage of passing trade and would suit a variety of operators.
TENURE
The premises are offered on the basis of a brand new lease with a commencing asking rental of £6600 per annum exclusive on full repairing and insuring terms with the tenant paying a contribution towards insurance the insurance of the building which is currently £175 per year.
Incoming tenants will need to provide the usual trade and bank references for landlord's approval.
New lease terms available. The landlord would prefer a minimum of a 2 year lease but this is negotiable.
RATEABLE VALUE:
Rateable value:£7,600
Rates payable for 2016/17: £3746.80
AGENTS NOTE - SMALL BUSINESS RATE RELIEF MAY APPLY AT THIS PROPERTY
VAT:
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC
Shop Floor - 22' 9'' x 17' 5 MAX'' (6.94m x 5.3m)
Double front shop with wood effect laminate flooring, drift wood style counter with a storage cupboard underneath and 6 pendant lights fittings.
W.C
Lino Floor with toilet and hand wash basin.
Kitchen Area
Small kitchen are of the main shop floor. The kitchen has a sink with an electric water heater and a small work surface and cupboard underneath.